Hitachi shares rise after report it is considering scrapping Britain nuclear project
Hitachi Ltd shares rose as much as 2.9 percent on Monday after Japan’s TV Asahi reported the firm is considering scrapping its 3 trillion yen ($26.61 billion) nuclear project in Britain due to projections of further increases in construction costs.
SoftBank’s blockbuster IPO reaches $23.5 billion after extra share sale
SoftBank Corp priced its initial public offering (IPO) at 1,500 yen per share and will sell an extra 160 million shares to meet solid demand, a regulatory filing showed, raising 2.65 trillion yen ($23.5 billion) in Japan’s biggest-ever IPO.
China says it has never heard of any country having security problem with Huawei
China’s foreign ministry on Monday said it had never heard of any country having a security problem with Huawei Technologies Co Ltd [HWT.UL], after a top executive of the telecoms giant was arrested in Canada.
Gilead Sciences snares Roche executive O’Day as CEO
Drugmaker Gilead Sciences Inc on Monday named Roche Holding AG executive Daniel O’Day as its new chief executive, tapping an industry veteran to fill a management vacuum.
Huawei CFO bail hearing to resume in Canada as Beijing piles pressure
The CFO of Chinese telecom giant Huawei Technologies Co Ltd is set to be back in a Canadian courtroom on Monday, fighting for her freedom with the help of pressure from Beijing, while prosecutors argue she cannot be trusted.
Japan’s top three telcos to exclude Huawei, ZTE network equipment: Kyodo
Japan’s big three telecom operators plan not to use current equipment and upcoming fifth-generation (5G) gear from China’s Huawei Technologies Co Ltd [HWT.UL] and ZTE Corp , Kyodo News reported on Monday.
Standard Chartered cuts jobs in UAE retail bank: sources
Standard Chartered is cutting jobs in its retail bank in the United Arab Emirates, in part as more customers move to digital services, people familiar with the matter told Reuters.
Global stocks extend slump as growth worries mount
Losses in global stock markets snowballed on Monday, with U.S. equity futures and Asian shares sliding on worries over slowing growth and fears that a rise in tensions between Washington and Beijing could torpedo chances of a trade deal.
Japan’s SoftBank prices IPO, to raise $23.5 billion with overallotment
SoftBank Corp priced its initial public offering (IPO) at 1,500 yen per share and will sell an extra 160 million shares to meet strong demand, a regulatory filing showed, raising 2.65 trillion yen ($23.5 billion) in Japan’s biggest-ever IPO.
Gilead Sciences hires Roche executive Daniel O’Day as CEO
Drugmaker Gilead Sciences Inc named Roche Holding AG executive Daniel O’Day as its new chief executive officer, the companies said on Monday.
